Kepco keeps electricity rate amid virus pandemic
The state-run Korea Electric Power Corp. (KEPCO) on Monday said it has decided to maintain the current electricity rate for the second quarter despite increased fuel costs, in line with the country's efforts to ease the burden on the public amid the virus pandemic. KEPCO adopted flexible electricity rates linked to global fuel prices this year, in a move to improve its profitability. South Koreans were previously c…
Kepco keeps electricity rate amid virus pandemic
The state-run Korea Electric Power Corp. (KEPCO) on Monday said it has decided to maintain the current electricity rate for the second quarter despite increased fuel costs, in line with the country's efforts to ease the burden on the public amid the virus pandemic. KEPCO adopted flexible electricity rates linked to global fuel prices this year, in a move to improve its profitability. South Koreans were previously c…